Suzhou SLAC Precision EquipmentLtd Balance Sheet Health
Financial Health criteria checks 2/6
Suzhou SLAC Precision EquipmentLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 78.8%. Its total assets and total liabilities are CN¥4.7B and CN¥2.5B respectively. Suzhou SLAC Precision EquipmentLtd's EBIT is CN¥3.2M making its interest coverage ratio 0.1. It has cash and short-term investments of CN¥552.1M.
Key information
78.8%
Debt to equity ratio
CN¥1.71b
Debt
| Interest coverage ratio | 0.05x |
| Cash | CN¥552.10m |
| Equity | CN¥2.17b |
| Total liabilities | CN¥2.53b |
| Total assets | CN¥4.70b |
Recent financial health updates
Recent updates
Suzhou SLAC Precision EquipmentLtd (SZSE:300382) Has A Somewhat Strained Balance Sheet
Sep 23
Subdued Growth No Barrier To Suzhou SLAC Precision Equipment CO.,Ltd. (SZSE:300382) With Shares Advancing 38%
Sep 04Be Wary Of Suzhou SLAC Precision EquipmentLtd (SZSE:300382) And Its Returns On Capital
Sep 03Getting In Cheap On Suzhou SLAC Precision Equipment CO.,Ltd. (SZSE:300382) Is Unlikely
Jun 24Suzhou SLAC Precision EquipmentLtd (SZSE:300382) Will Be Hoping To Turn Its Returns On Capital Around
Mar 25Getting In Cheap On Suzhou SLAC Precision Equipment CO.,Ltd. (SZSE:300382) Might Be Difficult
Feb 28Financial Position Analysis
Short Term Liabilities: 300382's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300382's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 300382's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: 300382's debt to equity ratio has increased from 46.6% to 78.8% over the past 5 years.
Debt Coverage: 300382's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300382's interest payments on its debt are not well covered by EBIT (0.1x coverage).